After advancing slightly in last year’s ranking, Rhode Island dropped once again to dead last in CNBC’s America’s Top States for Business 2014 report. The 2014 ranking represents the third time in the last four years that Rhode Island came in at No. 50 in the CNBC report, which scored all 50 states on 56 measures of economic competitiveness.
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Fifteen months after CharterCare Health Partners first announced its intention to partner with Los Angeles-based Prospect Medical Holdings Inc., the new for-profit joint venture between the two groups officially launched on June 20 with the formation of Prospect CharterCare LLC.
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Banks stand to lose as much as $4.5 billion in annual revenue as regulations aimed at improving financial stability alter how interest-rate swaps are bought and sold, according to a report from McKinsey & Co.
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Lifespan and Blue Cross & Blue Shield of Rhode Island on Tuesday announced a three-year agreement to share risk through an accountable-care payment model designed to better coordinate patient care and contain health care costs.
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The Federal Reserve extended deadlines until next year for new capital plans from Citigroup Inc. and the U.S. units of HSBC Holdings PLC, Royal Bank of Scotland Group PLC and Banco Santander SA after objecting to earlier versions.
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The Massachusetts Supreme Judicial Court ruled Tuesday that opponents of the 2011 law allowing casinos in the state may put a question on the November ballot to decide whether the law should be repealed, Boston.com reported.
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Walgreen Co., the largest U.S. drugstore retailer, withdrew its financial goals for fiscal year 2016 as it considers buying the remainder of Alliance Boots GmbH and possibly moving overseas to lower its tax bill.
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Personal income in Rhode Island rose eight-tenths of a percent in the first quarter, after increasing 1 percent in the fourth quarter of 2013, according to a report released Tuesday by the U.S. Bureau of Economic Analysis.
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